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Get your taxes done using TurboTax
@DawnC, so I found out that my performance award was correctly filed as a 1099-NEC, and so characterizing it as self-employed income would seem to be fine. What throws me off is the fact that it entitles me to a QBI deduction, which seems weird if I don't really have a business. Not sure if there is a way to decline that deduction in TurboTax, or if that will just make it look worse?
May 17, 2021
7:27 AM